Motiv8 Investments LLC Has $1.12 Million Stake in S&P Global Inc. (NYSE:SPGI)

Motiv8 Investments LLC raised its position in S&P Global Inc. (NYSE:SPGI) by 37.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,246 shares of the business services provider’s stock after purchasing an additional 606 shares during the period. Motiv8 Investments LLC’s holdings in S&P Global were worth $1,119,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC lifted its position in shares of S&P Global by 71,024.1% in the fourth quarter. Proficio Capital Partners LLC now owns 619,491 shares of the business services provider’s stock worth $308,525,000 after purchasing an additional 618,620 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in S&P Global by 31.2% in the 4th quarter. Oppenheimer & Co. Inc. now owns 5,629 shares of the business services provider’s stock valued at $2,803,000 after purchasing an additional 1,338 shares during the period. Mn Services Vermogensbeheer B.V. boosted its position in shares of S&P Global by 2.1% during the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 127,965 shares of the business services provider’s stock worth $63,730,000 after acquiring an additional 2,600 shares in the last quarter. Stegent Equity Advisors Inc. raised its holdings in shares of S&P Global by 14.7% during the 4th quarter. Stegent Equity Advisors Inc. now owns 639 shares of the business services provider’s stock worth $318,000 after buying an additional 82 shares in the last quarter. Finally, GenTrust LLC boosted its stake in shares of S&P Global by 29.8% in the 4th quarter. GenTrust LLC now owns 689 shares of the business services provider’s stock valued at $343,000 after purchasing an additional 158 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Trading Down 0.9 %

NYSE SPGI opened at $528.65 on Thursday. The stock has a market cap of $162.72 billion, a P/E ratio of 42.81, a P/E/G ratio of 2.41 and a beta of 1.20. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.34. The stock’s fifty day moving average price is $512.12 and its 200-day moving average price is $510.22. S&P Global Inc. has a 12 month low of $407.69 and a 12 month high of $545.39.

S&P Global (NYSE:SPGI) last released its earnings results on Tuesday, February 11th. The business services provider reported $3.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.41 by $0.36. S&P Global had a net margin of 27.12% and a return on equity of 14.33%. During the same period last year, the business posted $3.13 earnings per share. As a group, equities analysts forecast that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be paid a dividend of $0.96 per share. The ex-dividend date of this dividend is Wednesday, February 26th. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. This represents a $3.84 dividend on an annualized basis and a yield of 0.73%. S&P Global’s dividend payout ratio is presently 31.09%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SPGI shares. Citigroup started coverage on S&P Global in a research report on Friday, December 20th. They set a “buy” rating and a $600.00 price objective on the stock. Evercore ISI lifted their price objective on S&P Global from $599.00 to $608.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. BMO Capital Markets raised their price target on shares of S&P Global from $576.00 to $590.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. StockNews.com cut shares of S&P Global from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th. Finally, Oppenheimer decreased their price target on S&P Global from $590.00 to $580.00 and set an “outperform” rating for the company in a report on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, S&P Global presently has an average rating of “Moderate Buy” and an average target price of $590.23.

S&P Global Profile

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.